One Year Of Obama and Stimulus: Job Openings down 5.48% , Unemployment Up to 10%

It has been one year since President Obama took office and announced a stimulus bill that was to improve jobs.  The data suggests that the job market continued to deteriorate this past year.  Unemployment is up to 10% from 7.4%.  Job Openings are down 5.48%

Job Openings, as measured on careerbuilder.com, have not improved from one year ago.  Nationwide, job openings at January 31, 2010 were 5.48% lower than January 29, 2009.  Total job openings stand at 222,189 as compared to 235,059 last year, a decrease of 12,870.  37 States have lower job openings as compared to last year.

 

 

Best and Worst States has been tracking Job Openings by State for the past year and has reported on movements.  For some of our previouslinks see November 2009, Job Stimulus Not Working  , Job Openings September 2009 and last year’s Best and Worst States for Job Openings January 2009.  While the drops early in the year have appeared to stabilize, the level of job openings is not robust enough to suggest significant improvements in employment soon.

The Best State for Job Openings is Indiana as measured by growth.  Indiana had the largest gain in job openings, 887, up 17.4% from a year ago. Best States for Jobs also were Kentucky, Ohio and TennesseeFlorida and Ohio were the best large states for job openings.  They were the only 2 states of the Top Ten Employment States to show increases in openings.  13 States had increases in job openings from a year ago.

The Worst State for Jobs was California.  It has 3,667 less job openings from a year ago, a decrease of 14.18%.  California also has the fourth worst employment rate in the nation.  Unemployment in California is now at 12.4%, up 3.7% from a year ago.  California is struggling on many fronts and an increasing jobless population will not help it turn around.  For more on California see California Jobs Shrinking

Additional Worst States for Jobs  are Texas, Illinois,Massachusetts and Arizona.  They each had large job opening losses and double digit declines in percentage terms.

Another measure of job openings, the Conference Board’s Help Wanted On-Line Data Series is also indicating year over year decreases in job openings. The Conference Board Data for 2009 annual average job openings stands at 3,357,000, 1.1million below the 4,481,000 annual average for 2008.  More importantly their average job opening number for 2009 is 2.4 million below the 2007 average job opening number.  These are not good numbers.  On an encouraging note,the Conference Board reported positive improvement in job openings in New York, Washington, Connecticut, Virginia, North Carolina, Georgia, Delaware and New Jersey.

All 50 states saw their unemployment rates increase in 2009.  See Unemployment by State 2009 for the entire 2009 list and unemployment changes from a year ago. Job openings must increase significantly nationwide if unemployment is to improve to acceptable levels. It is going to take some time for this to occur.

 

Job Openings by State January 2010

 

Largest State
California Continues to
Show Shrinking Job Openings


Texas Jobs Not Growing

Florida Shows Small Increase

Illinois Jobs Down 10.64%

37 States Have
Fewer Job Openings

2 of 10 Largest States
Show Small Increase

Indiana Best State for Job Opening Growth

Job Openings Do Not Suggest
Employment Improvements

Best and Worst States for Jobs: Will jobs improve in 2010?

The Bureau of Labor Statistics released state unemployment for December 2009 today.  Every state in the U.S. saw its unemployment rate rise in 2009.

The Best State for Jobs and Employment in 2009 was North Dakota.  It had the lowest unemployment rate in the nation at 4.4%.  Its unemployment rate increased by 1.1% in 2009.  South Dakota, Nebraska, Iowa, Oklahoma and Kansas were also Top States for Jobs and Employment.

The Worst State for Jobs and Employment in 2009 was Michigan.  Its unemployment ended the year at 14.6%, an increase of 4.4% in 2009.  21 states and D.C. saw their unemployment ranks increase by 3% or more in 2009.  2009 was a very bad year for those seeking employment.  Nevada, Rhode Island, South Carolina, California and D.C. all were Worst States for Jobs and Unemployment in 2009.  They all have unemployment rates of 12% or higher.

Minnesota and North Dakota had the smallest unemployment increases in 2009 with increases of only 0.8%. The Worst States for Unemployment Increases were West Virginia and Nevada which had increases of 4.6% in unemployment.  The list of Best and Worst States for Jobs and Employment is below.  It is presented from best to worst based on year over year changes.  Politically, these are very poor numbers for the Obama administration.  With the large health care bill off the table for now, let’s hope businesses will become a little more willing to hire in 2010.

Best and Worst States for Jobs

Source:  Bureau of Labor Statistics

Top States for Job Openings

We ran our analysis of Best and Worst States for Job openings again as listed by CareerBuilder.com

Job Openings grew in the last 60 days yet are still 1.57% lower than January. Here are 2 lists:  List of job openings by state since January 29 and Best and Worst States for Jobs since May.

31-Jul Change since1-29 %Change
California 23450 -2405 -9.30%
Texas 19373 -678 -3.38%
Florida 14927 -247 -1.63%
New York 12667 -390 -2.99%
Illinois 11747 -1955 -14.27%
Pennsylvania 11193 52 0.47%
New Jersey 7938 -690 -8.00%
Ohio 8286 10 0.12%
Virginia 7547 361 5.02%
North Carolina 6860 57 0.84%
Maryland 6128 -424 -6.47%
Georgia 6470 478 7.98%
Arizona 5701 -291 -4.86%
Massachusetts 5269 -899 -14.58%
Michigan 5443 -98 -1.77%
Washington 4940 26 0.53%
Indiana 5589 858 18.14%
Missouri 5109 651 14.60%
Colorado 3937 -277 -6.57%
Tennessee 4862 449 10.17%
Connecticut 4271 -260 -5.74%
Wisconsin 4816 502 11.64%
Minnesota 3754 -439 -10.47%
South Carolina 3470 334 10.65%
Kansas 3281 45 1.39%
Louisiana 3067 -427 -12.22%
Kentucky 3285 522 18.89%
Iowa 2460 -39 -1.56%
Alabama 2883 316 12.31%
Oklahoma 2339 70 3.09%
Nevada 1864 -1 -0.05%
Oregon 1986 154 8.41%
Mississippi 1684 136 8.79%
New Mexico 1468 45 3.16%
Utah 1340 104 8.41%
Arkansas 1557 143 10.11%
Nebraska 1139 -91 -7.40%
Delaware 1030 -27 -2.55%
Alaska 1058 253 31.43%
Hawaii 748 -117 -13.53%
West Virginia 914 58 6.78%
New Hampshire 705 11 1.59%
Rhode Island 722 15 2.12%
South Dakota 664 79 13.50%
Idaho 813 148 22.26%
Vermont 608 -51 -7.74%
North Dakota 465 27 6.16%
Maine 539 90 20.04%
Montana 585 77 15.16%
Wyoming 419 46 12.33%
Entire U.S. 231370 -3689 -1.57%

The List of Best States for Jobs since May 31 is below:

31-Jul Change May 31 % change
1 California 23450 1727 7.95%
2 Texas 19373 1033 5.63%
3 Florida 14927 354 2.43%
4 New York 12667 875 7.42%
5 Illinois 11747 921 8.51%
6 Pennsylvania 11193 1340 13.60%
7 New Jersey 7938 178 2.29%
8 Ohio 8286 780 10.39%
9 Virginia 7547 822 12.22%
10 North Carolina 6860 525 8.29%
11 Maryland 6128 -18 -0.29%
12 Georgia 6470 962 17.47%
13 Arizona 5701 577 11.26%
14 Massachusetts 5269 157 3.07%
15 Michigan 5443 428 8.53%
16 Washington 4940 334 7.25%
17 Indiana 5589 1011 22.08%
18 Missouri 5109 839 19.65%
19 Colorado 3937 -206 -4.97%
20 Tennessee 4862 730 17.67%
21 Connecticut 4271 263 6.56%
22 Wisconsin 4816 1106 29.81%
23 Minnesota 3754 219 6.20%
24 South Carolina 3470 247 7.66%
25 Kansas 3281 166 5.33%
26 Louisiana 3067 109 3.68%
27 Kentucky 3285 536 19.50%
28 Iowa 2460 -66 -2.61%
29 Alabama 2883 446 18.30%
30 Oklahoma 2339 169 7.79%
31 Nevada 1864 129 7.44%
32 Oregon 1986 264 15.33%
33 Mississippi 1684 139 9.00%
34 New Mexico 1468 105 7.70%
35 Utah 1340 75 5.93%
36 Arkansas 1557 299 23.77%
37 Nebraska 1139 62 5.76%
38 Delaware 1030 54 5.53%
39 Alaska 1058 86 8.85%
40 Hawaii 748 -39 -4.96%
41 West Virginia 914 130 16.58%
42 New Hampshire 705 11 1.59%
43 Rhode Island 722 72 11.08%
44 South Dakota 664 17 2.63%
45 Idaho 813 171 26.64%
46 Vermont 608 -4 -0.65%
47 North Dakota 465 -96 -17.11%
48 Maine 539 77 16.67%
49 Montana 585 141 31.76%
50 Wyoming 419 36 9.40%
Entire U.S. 231370 18293 8.59%

If interested please read our previous post on Job Openings Shrink in May

Are Business Friendly States Best for Jobs?

Editors Note:  If you are looking for a Best State for Jobs start your search with our latest posts:

 

Which States had the Best Employment Markets in 2009? Will 2010 Job Market Improve?

Best States for Job Openings September 2009

Best States for Job Openings and Where to find a Job

For the August 2009 list of Best States for Employment see Best and Worst States for Employment

Click on the category Best and Worst States for Jobs on the right navigation for our collection of articles on Jobs.

In our Job Openings post you will see the trends by state in job openings and what states are currently experiencing increased job openings.  We also have published the List of Job Openings by State

******Editor’s Note:  The rest of this post was published in April 2009 Go to  Best and Worst States   for our latest  *********************

The Bureau of Labor Statistics released the March State Unemployment rates this week.   For our August 2009 listing and analysis of Best States for Job Openings click

We now have 8 states with unemployment above 10%.  Michigan is the Worst State for Jobs with an unemployment rate of 12.6%. Oregon is also very bad for jobs with a rate of 12.1%.  California, our most populated state, has an unemployment of 11.2% meaning that 1 out of 9 people are out of work. South Carolina also is a Worst State for Jobs with unemployment of 11.4%.

The  Best State for Jobs in March was North Dakota at 4.2%.  The other Top 5 States for Jobs were Wyoming at 4.5%, Nebraska at 4.6%, South Dakota at 4.9%.  Iowa and Utah were tied for fifth with 5.2% unemployment.

We thought we would take a look this month also at how states that are ranked for small business are doing on the job front.  In theory the better the small business environment the better the job environment.  We used the recently released SBEC report.  See: Best and Worst States for Small Business

The data shows that the Best States for Small Business are not all the Best States for Jobs at this moment.  5 of the top 10 Best States for Small Business, for example, have below average i.e. higher, unemployment. 45th ranked Iowa for example has the 4th best employment in the U.S.

As mentioned in the previous post, the SBEC index is primarily a tax based system and high or lower taxes are not the only reason companies grow and create jobs.  It would appear intuitive over time business friendly states should create more business and jobs. We will continue to watch this during the cycle as the better states may grow first and faster.

           Small
Rank State %Unemp  Biz Rank
1 NORTH DAKOTA 4.2 36
2 WYOMING 4.5 3
3 NEBRASKA 4.6 40
4 SOUTH DAKOTA 4.9 1
5 IOWA 5.2 45
5 UTAH 5.2 24
7 LOUISIANA 5.8 26
8 NEW MEXICO 5.9 27
8 OKLAHOMA 5.9 15
10 KANSAS 6.1 33
10 MONTANA 6.1 31
12 NEW HAMPSHIRE 6.2 25
13 ARKANSAS 6.5 23
14 TEXAS 6.7 5
15 VIRGINIA 6.8 16
16 MARYLAND 6.9 35
16 WEST VIRGINIA 6.9 39
18 IDAHO 7 41
19 HAWAII 7.1 37
20 VERMONT 7.2 43
21 COLORADO 7.5 8
21 CONNECTICUT 7.5 30
23 DELAWARE 7.7 21
24 ARIZONA 7.8 17
24 MASSACHUSETTS 7.8 42
24 NEW YORK 7.8 46
24 PENNSYLVANIA 7.8 29
28 MAINE 8.1 48
29 MINNESOTA 8.2 49
30 NEW JERSEY 8.3 50
31 ALASKA 8.5 7
31 WISCONSIN 8.5 32
33 MISSOURI 8.7 14
34 ALABAMA 9 9
35 ILLINOIS 9.1 18
36 GEORGIA 9.2 19
36 WASHINGTON 9.2 4
38 MISSISSIPPI 9.4 12
39 TENNESSEE 9.6 13
40 FLORIDA 9.7 6
40 OHIO 9.7 10
42 DC 9.8 51
42 KENTUCKY 9.8 28
44 INDIANA 10 22
45 NEVADA 10.4 2
46 RHODE ISLAND 10.5 44
47 NORTH CAROLINA 10.8 38
48 CALIFORNIA 11.2 47
49 SOUTH CAROLINA 11.4 11
50 OREGON 12.1 34
51 MICHIGAN 12.6 20